Category: Exchanges

December 22, 2017 BY Valentina Kirilova

Cboe Global Markets recognized as designated listing exchange in Japan for U.S. Equities

Cboe Global Markets, Inc. (Nasdaq: CBOE) today announced the Japanese Financial Services Authority (JFSA) has added Cboe Global Markets – U.S. Equities to the regulator's list of Designated Foreign Financial Instrument Exchanges. Cboe's recognition by the JFSA eases regulations related to disclosures for retail investors and certain discretionary accounts, a change that is expected to…

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Euronext buys Irish Stock Exchange (ISE)
December 22, 2017 BY Valentina Kirilova

Mexican telecommunications company AXTEL lists $500m notes on GEM

Mexican telecommunications company, AXTEL, lists for the first time on the Global Exchange Market (GEM) of the Irish Stock Exchange (ISE) with issuance of US$500m notes. The notes, with a 6.375% interest rate, have a maturity date of November 2024. AXTEL offers both Information and Communications Technology (ICT) solutions to corporate, mid to large-sized businesses,…

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NZX Carbon Fund (CO2)
December 20, 2017 BY Valentina Kirilova

NZX to implement changes to pricing structure in 2018

NZX announced it will implement changes to its trading and clearing pricing structure in the second half of 2018 as it responds to feedback from market participants and to encourage more on-market liquidity. This supports the exchange’s commitment to secondary market development, as outlined in its recently released strategy. NZX will migrate to a trading…

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December 20, 2017 BY Valentina Kirilova

Clearstream sees successful year 2017

In 2017, the post-trade industry has seen a major infrastructure evolution. With completion of the European Central Bank’s TARGET2-Securities (T2S) project and preparations for the Central Securities Depositories Regulation (CSD-R), some fundamental changes have been kicked off in the European post-trade market. 2017 was about reshaping and harmonizing Europe’s fragmented post-trade landscape to create a…

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December 20, 2017 BY Valentina Kirilova

SIX Exchange Regulation reprimands Bellevue Group AG

SIX Exchange Regulation announced that it has reprimanded Bellevue Group AG for several errors in its 2016 annual financial statements. Bellevue Group AG is sanctioned for the incorrect recognition of the foreign currency translation, the inadequate liquidity risk disclosures as well as the insufficient fair value disclosures with regard to a liability from a contingent…

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Marex Spectron launches Marex Financial Products structured note business
December 19, 2017 BY LeapRate Staff

Marex Spectron gets FCA green light to operate an OTF under MiFID II

Global commodities broker Marex Spectron has announced that it has received approval on its application from the UK's Financial Conduct Authority (FCA) to operate an Organised Trading Facility (OTF) under MIFID II from January 3, 2018. MiFID II introduces a new category of trading venue called OTFs. An OTF is a multilateral system that is not…

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NZX Carbon Fund (CO2)
December 19, 2017 BY Valentina Kirilova

NZX to extend dairy derivatives trading hours

New Zealand Stock Exchange (NZX) announced that it will extend the trading hours of its dairy derivatives market in July 2018, subject to regulatory approval. This extension supports the New Zealand exchange’s strategy to improve global access to its dairy derivatives market in response to customer demand. The trading session will move the existing market…

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December 19, 2017 BY Valentina Kirilova

SIX Swiss Exchange internationalizes its product data platform Connexor

SIX Swiss Exchange announced its new strategic partnership with Contineo, a Hong Kong based trading platform for structured products in Asia. SIX will support the standardization of the Asian structured products market by providing its high-performance product life-cycle infrastructure Connexor® in the first half of 2018. This offers synergies and scale opportunities to its shareholders,…

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